New Listing: 817 Rosewood Drive, Sun Rivers, Kamloops, BC $649,999

New Listing: 817 Rosewood Drive, Sun Rivers, Kamloops, BC $649,999. Fabulous views from this level entry style home in the adult oriented Rosewood neighbourhood of Sun Rivers.

Located in a private setting with no thru road, this home offers panoramic southerly views of the City and mountains; you can enjoy the golf or just the peace and serenity of this fabulous quiet location. From the entrance to the sundeck, the open concept design captures the sunshine and all the natural light.

Vaulted ceilings, oversized windows, maple cabinets, spacious island, pantry, stainless steel appliances, gas fireplace and access to partially covered sundeck with natural gas BBQ hook-up makes this a very desired entertaining home! Master bedroom has 5-piece ensuite and 8×5 walk-in closet. Main floor laundry and 3-piece bath complete the main floor.

Looking for a mortgage helper, daylight walkout basement boasts a 1-bedroom, fully self-contained legal suite with separate entrance, covered patio, laundry, 4-piece bath and hot water tank. Lower level has additional bedroom, wine room, tons of storage with electrical, furnace & hot water tank handy to main floor. Double garage 31×22 with workshop area designed for convenient second bedroom or den on main plus powered staircase to attic area for more storage.

All appliances included, geothermal heating & cooling plus central vac. Front entrance courtyard, large upper deck and mature landscaping with underground sprinklers and all yard work is looked after for you! Monthly Association Fee is $198.57. Full wheelchair accessibility. Easy to show and quick possession possible.

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Kamloops Open Houses: Saturday March 2nd, Sun Rivers and Juniper Heights.

This weekend’s open houses will be held in Sun Rivers and Juniper Heights. Addresses, dates and times are included with each listing below. Contact us if you have any questions or would like to schedule a private showing.

817 Rosewood Drive, Sun Rivers, Kamloops Homes for Sale

817 Rosewood Drive, Sun Rivers.

Saturday, March 2nd, 2019: 12-1:30pm.

Listed for $649,999. Click here for more information on the home.

1424 Emerald Drive, Juniper Heights, Kamloops Homes for Sale

1424 Emerald Drive, Juniper Heights.

Saturday, March 2nd, 2019: 2-3:30pm.

Listed for $624,900. Click Here for more information on the home.

For more information on the neighborhoods click here: Sun Rivers  Juniper Heights

To view all our properties for sale click here.

New Listing: 8-1435 Summit Drive, Sahali, Kamloops, BC $214,900

2639 Willowbrae Dr, Sahali, Kamloops Homes Sold

New Listing: 8-1435 Summit Drive, Sahali, Kamloops, BC $214,900. Tastefully updated Sahali townhome with an open, spacious floor plan.

This home features 2 large bedrooms on the top level with a 4 piece updated bathroom. There is a small patio on the top floor and a lot of storage space. The main floor features updated kitchen, laminate flooring, paint, laundry with extra storage and a huge patio off of the dining room.

This unit includes one parking stall. Located steps to shopping, transportation and city amenities. No rental restrictions and pets allowed with restriction. Other upgrades include hot water tanks, furnace and a/c unit.

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BCREA Housing Market Adjusts to Mortgage Stress Test

BCREA 2019 First Quarter Housing Forecast Update

Vancouver, BC – February 25, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 First Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 2 per cent to 80,000 units this year, after recording 78,345 residential sales in 2018. MLS® residential sales are forecast to increase a further 6.9 per cent to 85,500 units in 2020. The 10-year average for MLS® residential sales in the province is 85,800 units.

“The negative shock to affordability and purchasing power created by the B20 stress test on mortgage borrowers is expected to continue constraining housing demand in the province this year,” said Cameron Muir, BCREA Chief Economist. “Favourable demographics along with continuing strong performance of the BC economy is expected to underpin housing demand over the next two years.”

The policy-induced demand shock has contributed to an increase of the inventory of homes for sale in most regions of the province. As a result, market conditions are expected to provide little upward pressure on home prices this year, with the average annual residential price forecast to remain essentially unchanged, albeit up 0.5 per cent to $716,100. Modest improvement in consumer demand is expected to unfold over the next two years as households further adjust to the mortgage stress test.

To view the full BCREA Housing Forecast, click here.

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